The Mason Fisk building at 72 Berry Street in Williamsburg made headlines back in 2009 when it quickly sold out while the rest of the market was still in the doldrums. (A subsequent lawsuit by purchasers against the owners over construction issues has been resolved, as far as we understand.) Three years later, this third-floor unit is up for resale, and the owner is looking to put a few dollars in his or her pocket. The 1,230-square-foot one-bedroom originally sold for $740,000 and is now asking $925,000. It’s a much different market now and there aren’t a lot of lofts available in old buildings. The price per square foot of $750 isn’t even that high for this location, so it should probably go at or close to ask.
72 Berry Street #3C [Sotheby's] GMAP P*Shark
This three-bedroom near the Navy Yard is reasonably priced and close to Fort Greene Park. The 1,250-square-foot apartment has a nicely sized living and dining space with newly refinished hardwood floors. There’s a washer/dryer in the basement and a shared backyard, as well as parking for a “low monthly fee.” But despite the proximity to […]
We stopped by 88 Richardson Street the other day, and lo and behold, the building is almost up to its full seven stories. This is the Karl Fischer-designed building with 188 units that is rising on the site of the former Meeker Flea Market next to the BQE in Williamsburg. The developer is Brooklyn-based Rabsky […]
This one-story garage at 564 St. Johns Place between Franklin and Classon in Crown Heights will be demolished soon and replaced by a Karl Fischer-designed eight-story apartment building. A demolition application was filed on Monday, but the DOB didn’t approve it because the filing lacked a plan exam. Developer Rabsky Group is behind the development, […]
A mixed-use development is in the works for part of a very large empty site on Myrtle Avenue across from the Marcy Houses in Bed Stuy, New York NIMBY reported. Architect Charles Mallea filed a new building application Monday for an eight-story, 46-unit building at 802-806 Myrtle Avenue. The street frontage will cover three of 15 contiguous empty […]
As luxury high rises sprout up on nearly every vacant lot in south Williamsburg, sale prices in the area are expected to match those of north Williamsburg in a few years, said a story in The New York Times. Right now they trade at about a 15 percent discount, or $1,000 per square foot, vs. […]